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Why blogs are better than newspapers

Posted by Graeme in Media at 3:35 am on Thursday, 2 July 2009

Here is an example. It is readable (even if you skip the calculations), explains the argument for expecting a strong recovery, and why it may not happen.

Although it does link to some news sources, it only relies on government data, so the suggestion that blogs are parasitical on the big media has little force. One quote from Bloomberg is important — but in that case Bloomberg were themselves quoting (i.e. they were merely transmitting, not creating, content).

It is rare to find such clear economic analysis in newspapers, The strength of the coming recovery is a subject of constant discussion in the media, but they cannot explain the issues as well as somebody with a deep understanding themselves.

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